Cost of Living in Grasston, MN

With a cost of living index of 89, Grasston, MN is a very affordable place to live. Living here is 11% cheaper than the national average and 7% above the Minnesota state average of 82. Grasston is a small community of 116 residents.

The median household income in Grasston is $73,750, which is 2% lower than the national median of $75,149.

Climate is another factor for anyone considering a move to Grasston. The area sees an average annual temperature of 43.1°F, with summers averaging 68°F and winters around 16°F. Annual rainfall totals 33.8 inches spread over roughly 119 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.